EU Retaliations Could Cost US Apparel Exporters up to 50 Percent in Tariffs Starting This Week

The European Union has officially put its retaliatory tariff measures against the U.S. in place, and apparel companies shipping product into the region could start paying tariffs reaching 50 percent as soon as Friday. In a statement Wednesday, the European Commission said it has targeted a list of American products worth 2.8 billion euro ($3.25…